Michael Burry just updated his stock portfolio

By: bitcoin ethereum news|2025/05/16 17:15:05
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Back in February, the filing of the 13-f document for Michael Burry’s Scion Asset Management caused quite a stir as it revealed that ‘ The Big Short ’ investor had not only given up on his large bet against the semiconductor industry but also tool more than a dozen long positions during the final trimester of 2023. The same type of document covering the first quarter of 2024, unveiled in mid-May, provided its own string of revelations, including that – despite the company mostly either dropping or stagnating in the stock market for more than half a year – Burry has held on to Alibaba (NYSE: BABA), while significantly cutting the number of stocks held in other areas. With the new 13-f available for examination, Finbold decided to take a closer look at what the ‘ The Big Short’ investor has been trading throughout the initial three months of 2024. Burry’s biggest positions As has been the case in the previous quarter, the Chinese companies Alibaba and JD.com (NASDAQ: JD) remain Michael Burry’s largest individual holdings with the latter overtaking the former to take the top spot. Furthermore, Burry increased his investments in both companies, adding 50,000 BABA shares and 160,000 JD shares. The former, now totaling 125,000 shares, is worth, at press time, approximately $10 million, while the latter, totaling 360,000, is worth $12 million. The other two major positions – HCA Healthcare (NYSE: HCA) and Citigroup (NYSE: C) – were also increased, with Burry now holding 25,000 HCA shares worth $8 million and 125,000 C shares worth $8 million. Burry trims the number of stocks The first quarter of 2024 also appears to have been one of consolidation given that Burry significantly reduced the number of companies the stock of which he is holding. In total, ‘ The Big Short ’ investor sold his entire stake in 14 firms. The biggest and most prominent among these are the e-commerce giant Amazon (NASDAQ: AMZN) and the technology blue-chip Google (NASDAQ: GOOGL). Burry also sold a string of entertainment stocks, such as MGM Resorts (NYSE: MGM) and Warner Bros Discovery (NASDAQ: WBD). Perhaps the most interesting of the sales is that of the GEN Restaurant Group (NASDAQ: GENK). GENK drew a great deal of attention in the early months of 2024, given that it is both a relatively small and unknown company and has been a particularly strong performer which is, at press time, up as much as 53.91% on the year-to-date (YTD) chart. Burry’s new positions Though he acquired nowhere near as many new stocks as in Q4 2023, the 13-f unveiled in mid-May is not bereft of new positions. The first of the new holdings comes in the form of the Sprott Physical Gold Trust (PHYS), the investment which was, at the time of filing, worth $7.6 million and accounted for 7.4% of the entire portfolio. The second major new addition, accounting for 7% of the portfolio at the end of Q1, is the healthcare and insurance giant Cigna Group (NYSE: CI). Burry also bought stocks of two rather different energy companies – BP plc (LON: BP) and First Solar (NASDAQ: FSLR) – the first being an oil and fossil fuels giant and the second a major manufacturer of solar panels and utility-scale power plants. Finally, Burry also opened a position in yet another Chinese technology giant – Baidu (NASDAQ: BIDU). Unlike his BABA and JD holdings, the position in BIDU is, at the time of publication, relatively small and comes in at 40,000 shares worth $4.4 million. Buy stocks now with eToro – trusted and advanced investment platform Disclaimer : The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk. Source: https://finbold.com/heres-michael-burrys-updated-stock-portfolio/

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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